With the current financial crisis rental prices have fallen too. However the cost of letting in Spain has not fallen relatively as much as the sales prices.
In addidtion many companies in Spain who thought prices could increase forever for average level services or product are now finding they have to increase the quality level or drop the prices.

Buy to let in Spain is now becoming a better business
Optimising the quality/price relationship makes it more attractive for holiday goers and Spain is still a close destination for people on vacation from Northern Europe.
During winter Costa del Sol is often the warmest place in Europe, and in the summer most travellers still find Costa del Sol a secure and well-known holiday destination.

Property owners are desperate to sell - distress sale
Some property owners have been holding on to their properties for several years hoping for a real price increase. Although cost of ownership in Spain is quite low, many owners are now i position where they need to sell in order to keep the property.

Example of a property
Buy to let - investment opportunity

 

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